Apple reportedly working to bring Watch to seniors with private Medicare plans

Apple is reportedly working with private Medicare health plans to subsidize the Apple Watch for seniors.

The company has been speaking with at least three Medicare plan providers to find ways to subsidize the price of the watch, CNBC reported Wednesday. At-risk seniors could reportedly use the Watch as a health tracker.

Medicare health plans are offered by private health insurers that receive government payouts for providing services to seniors. One type is called a Medicare Advantage plan, in which 19 million seniors enrolled, CNBC said.